What's happened to the used high end market recently?? Sales are tough....:0(


The heading says it all!! What do you guys think is the reason that the sales in the used high end market have gone soft??
Prices too high? Economy too slow?? Stock market too volatile?? Something else??

Thoughts....
128x128daveyf
@daveyf 

no offense intended but the contention from some that the high end is suffering because there isn’t much for sale on audiogon or better still, because they cant sell their technics or onkyo amp at 75% of retail is not convincing. If you observe economic theory properly, the absence of salable inventory on the used market indicates a robust environment. In the old days of audiogon, the sold items would stay posted for a while which gave everyone an idea of what was happening. Now, unless you are watching closely, an item can be listed and sold and then disappear in 10 minutes.
The hot items are contact paste, fuses and tin foil hats. The high end is that tally on fire!!!
shadorne, just curious, have you tried pasting your tin foil hat with Graphene yet? 
@ghasley 

Not sure where you are looking, but if it is on this site, there appears to be plenty of selection and 'inventory' available. 
While I totally agree with you that pricing is the number 1 determinant of how quickly something is going to sell, I also know that several of my fiends who have tried to sell their gear recently on this site and the few others that are utilized for used sales, have experienced a long drawn out process with little success. OTOH, was their price too high...probably. One guy did give his speaker cables away ( his comment, not mine) for 10% of the retail price that he paid less than a year before!
( Perhaps he paid way too much to begin with....that would be my thought; although he adamantly disputes that).
@daveyf 

Again, to beat the dead horse a little more, I have successfully bought and sold several items this year. Both types of transactions were pretty quick, less than 1 week typically soup to nuts.  I've sold some NOS tubes that went quickly for my asking price, several cables, accessories, etc all went for what I considered good prices to fellow Audiogoners both young and old. I sold some speakers that listed new for just north of $20,000 for just north of $10k. They were 3 years old and in excellent condition.  I've purchased some gear both here (gently preowned) and from dealers new/demo.

Respectfully, your friend selling cables for 10% of list indicates they are not very well thought of by the audio community at large...new or used. I have a pair of Transparent Gen 5 Reference speaker cables at home and Auditorium 23 speaker cables in my office and the latest Transparent cables would probably sell for 50-60% of list fairly easily and the A23's probably 80% of list. So, if something sold for 10% of list.....they were probably not that good were they?  In other words, scarcity and perceived quality drive any commodity's demand and value. You must use a better example than "your nameless friend sold some unnamed cables for 10% of list so therefore the hobby is going to shyte". That is an uncorrelated data point and unfair to the community. The sky isn't falling.